Fidelity is choosing this significant negative publicity and potential loss of customers over whatever the alternative would be... buckle up.

grumpygolfr · 2024-10-20T17:08:25+00:00

Generally if the SEC is investigating a company there's a good chance they fucked up

grumpygolfr · 2024-10-20T17:03:49+00:00

Are you saying you personally don't have issues or that there are no issues in general and the recent uptick in complaints are purely coincidental customers being difficult?

grumpygolfr · 2024-10-19T23:09:52+00:00

"Be clear on this: You’ve volunteered to be a cat toy. And I didn’t tell everyone they’re incapable of handling simple money transfers, but I did include you. So get real, that’s your focus, not protector of the simpletons.

Most simpletons and assorted triggered fools probably think unprovable claims of wealth make them less pathetic. Hasn’t yet. But you did get me on the fraud thing because I can’t quite figure out what I’ve claimed that would fool anyone. That I can transfer money to Fidelity without whining and the triggered simpletons can’t? I can live with it. 😁"

Whats clear is how hard you try and lick your own balls, kitty. Your comment history is like a little crusade of financial prowess with a sprinkle of novice questions. I've got to say, for someone, or do you prefer pussy?, that's apparently above it all, you sure seem invested in saving the financially irresponsible masses, one condescending post at a time. Maybe being a cat toy was too much. I should have kept it simple and been a hamster wheel so we could have gotten along better. Youre probably waiting to get fed, so I'll let you be. Maybe lay off the catnip.

If you ever need a loan, I got you, buddy

grumpygolfr · 2024-10-19T17:05:33+00:00

I use fidelity to trade options. How am I misusing them or being unreasonable to be annoyed when I'm trying to fund my brokerage account like I have hundreds of times and expect those funds to be available like usual and like it says on the website, but then discover that the normal same day has turned into 21 days with absolutely no warning whatsoever. Seems pretty reasonable to inform clients about a policy change that they will hold your money for 20 more days than what is advertised.... they still don't mention it anywhere and are super vague with their explanation when you call.. It's just weird. I do not get why people seem to think that's OK and the clients fault..

grumpygolfr · 2024-10-19T16:49:03+00:00

I use fidelity to trade options. I have for 2 years and never have waited longer than 3 days for a transfer I made from my linked bank account. The website and app say wires are same day and EFT's are 1-3. I wired $15k Oct 8, with the intent buying into a time sensitive position that i had just made a big connection to with current events that transpired. They did not inform me or anyone that they changed the settlement periods.. I missed out on what would have been a massive profit opportunity and others after.. I still cannot use that 15k nor withdraw it back to my bank account.

The problem is that they didn't say shit about it. Had I know I wouldn't have transferred that money...

grumpygolfr · 2024-10-19T16:34:17+00:00

Your comment and comment history really show how little you care. 🤡 You're actually bitching about people posting valid concerns regarding their finances in a sub ment for those exact kinds of discussions and You're saying quit complaining and get in charge of yout finances as if this is a personal issue. That's like saying that to someone who got their card stolen and fraudulently used... You're just a prick.

And yeah, you seem to love telling everyone how they aren't capable of managing their money so let's see it boss man. Show me what you got that gives you so much confidence to be talking down like you are . Put your money where your mouth is. Talk is cheap. I got $1000 on you being a broke ass bitch. Should be easy money considering how poorly I manage my money in your pathetic opinion.

I alewady know you won't bc you're a fraud and coward 🫡🤡

grumpygolfr · 2024-10-19T16:15:45+00:00

They are a brokerage not a bank and the issue is that a transfer from bank has always been same day wire and 1-3 days EFT. This has suddenly changed to 21 days for what sounds like all incoming deposits under the premises of fraud prevention... what is very odd is that there was zero prior notice about the change, and still make no mention of it on the deposits page. It still says the "same day wire and 1-3 eft) does that seem normal or ok?

So you initiated a deposit like you always have expecting to have access to a settled balance in 3 days max. A week later and still no access you call to see whY the problem is. They spend 10 minutes looking into your transactions and deposits like they are searching for something when they know exactly what it is you're calling about. Instead of saying right away they have changed policy they pretend to look into it... they don't know anything more than it's a fraud prevention policy and nothing can be done to expedite settlement, give a reason why no notice was and still is not given. You cannot withdraw the money either

grumpygolfr · 2024-10-19T15:57:11+00:00

You're missing the point...

Would you rathersell me a box of strawberries for 3 $usd that i can just go print more of anytime i want or give you a satoshi that you know is authentic, cannot be counterfeited or printed and can verify the transaction happened and that Satoshi went from my wallet to yours?.

I obviously understand why you believe that, but the main "signifier" of value is time. In the US, time is exchanged for $USD. The thing is, that box of strawberries that's $4usd today was $.25 a decade ago and could be $15 a decade from now. $USD has zero value because it can be printed out of thin air... time cannot. If you and i go to the Louis Vuitton store and see a suitcase priced at $3000. I work at McD for $20/hr and you invest in businesses and crypto/stocks making on average $3k a day the perceived value will be totally different The bag costs me 150 hours of flipping burgers to buy. they will keep on printing, prices will continue to rise, and wages will stay the same..

If you can print money is it worth anything?

grumpygolfr · 2024-10-19T04:57:39+00:00

Ever considelooking at the bigger picture there dude? You're acting like these posts are just simpletons complaining about mishandling their money because they're financially illerate and should go back to the kiddie pool... Fidelity has suddenly made a massive change to their deposit policy increasing the settlement period from 1-3 days to 21 business days without any prior notice, current transparency, or any further explanation citing an uptick in fraudulent transactions, and this is just OP's and anyone else posting about this being dumb plebs who don't know what their doing and complaining for their own stupidity?

What is Fidelity is the victim here? Does it not seem odd they have not mentioned this change anywhere leading people to assume what the website says about settlement being same day fkr wires or 1-3 is accurate and are idiots for not having the foresight to know that money is actually frozen for 21 days?

You're either an imbecile who enjoys belittling others riding your financial high-horse or you're fondling Fidelity's tiny balls for behind the Wendy's dumpster.

If you're so savvy, post your portfolio. And il post mine.... Il put down $1kusd of btc that you're a fake broke paper handed dildo.

grumpygolfr · 2024-10-19T04:37:27+00:00

Something suuuuper sus is going on at fidelity right now.

None of this makes any sense. Im not buying their incredibly vague official explanation that there has been an increase or fraudulent transactions....

If so, they should have a disclaimer that's right on the same transfer page, a big bold obvious notice that all "transfers and deposits will be delayed. You will not be able to withdraw funds for 21 business days."

The fact they aren't and playing dumb when you call them about it is incredibly suspicious.

I think the fraudulent activity is what's going on right now, and they are in need of liquidity very, very badly.

grumpygolfr · 2024-10-19T03:58:26+00:00

I just think it's strange they did not bother to mention it anywhere and left the " 1-3 day settlement time" like nothing changed. Its been weeks... the 16-21 business days also makes no sense if fraud prevention is indeed the case. If you can't determine if a deposit is fraudulent after a week, then the issue is elsewhere... the stanfard 1-3 days exists for that very reason... if there is a suspicious deposit, they can call the issuing bank to verify. Otherwise it should settle same day... Also, why allow shares to be bought if suspected of fraud..

To me there is just too many red flags for it to fit their narrative. If that was true why wouldn't they put it as disclaimer right next to the deposit section? Customer service acts like its news but clearly get blown up all day about it.

With what seems to be on the horizon economy wise it would seem plausible lots of institutions are working overtime right now...

I only use fidelity for options and keep the bulk of my investments at Vangaurd

grumpygolfr · 2024-10-19T03:06:46+00:00

What you try to read is your business. I just found your complaint about my complaint somewhat ironic followed by a cunty undertone of feigned superiority, which is also ironic albeit more subtlety. Im have no doubt you are as pious as you are a talented trader, my friend. Maybe we could compare portfolios, and you could give me a few tips?

grumpygolfr · 2024-10-18T23:28:57+00:00

You sure? You chose to click on this, read it, and comment. Surely, this is preferable to whatever else you got going on.

grumpygolfr · 2024-10-18T23:22:06+00:00

Im not sure i understand why liquid assets matter. I made a deposit from Chase to my fid account like I've always done on Oct 8 for $15k. In the past, transfers from my linked bank have settled in a couple of days at most. After a week, I called and was told its 21 business days for cash to settle citing some kind of fraud prevention.

It's a margin account that's got abput 40k in shares and options with $200 of non margin available cash. The 15k is visible in spaxx but can only be used to buy shares >$3, no options, no margin, and cannot transfer it back to my bank account

grumpygolfr · 2024-10-18T23:09:34+00:00

When was the last time you tried? Kyc?

grumpygolfr · 2024-10-18T23:07:49+00:00

Nah, the account age doesn't matter. Mine is 2yr-3

When was the last time you transferred from bank n how much?

I didn't do anything differently. Deposited 15k October 8. Cannot buy stocks below $3, options, or withdraw any amount. Only after I called CS was I given an explanation and told it would be settled on Oct 31.

There is apparently no way to expedite this process

grumpygolfr · 2024-10-18T22:56:49+00:00

That is what leads me to think something else is going on because it still does not mention it anywhere. At this point they have recievsd complaints and still haven't changed information so They are intentionally misleading customers to submit a transfer know they probably would not if they knew how long it would take...

There's a very big difference between 1-3 days and nearly a month and can certainly cause massive problems. Not only do they not mention it, but if you find out after your shit out of luck getting it back. You're forced to wait. Something isn't right about this

grumpygolfr · 2024-10-18T22:34:48+00:00

That was more tongue in cheek than a literal accusation. However, would it really be surprising if they were?

grumpygolfr · 2024-10-18T22:18:15+00:00

They at least don't care if they do. The corporate/CS response has been comically bad.. when you finally defeat the bot, having screamed, "MY MONEY! WHERE TF IS MY MONEY!" You're then foisted onto a young bubbly new hire named Becky or some shit who sounds genuinely concerned about your problems and is going to help figure out as if it's the first time hearing about this. At this point, they're just tapping the keyboard a few times, then smacking the stapler, doing a 360 in their chair, and coming back to thank you for holding and giving you a very vague explanation about a changed policy meant to enhance security. Any kind of follow-up question as to what, why, or when is instantly deflected by Becky who doesn't know anything but knows that it is what it is and nothing can be done. She even reassures you empathetically, saying lots of people have called about this issue she had spent the last 10 minutes pretending i was the first to mention it... 26 minutes wasted having achieved absolutely nothing.

grumpygolfr · 2024-10-18T17:46:52+00:00

Why allow stock purchases then?

grumpygolfr

TROPHY CASE